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  #121 (permalink)  
Old 10-17-2008, 02:15 PM
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Quote:
Originally Posted by JBear View Post
Hi Iron

Can you tell me what I do with the .set extensions

If they are for the EA then where are they placed.If they are records then what program do I need to open them with

Thanks in advance

JBear
Copy them into your presets folder. Then open your EA and "load" the
file. Easy as pie.

Rob
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  #122 (permalink)  
Old 10-17-2008, 02:59 PM
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Hi Rob

I have done that and when trialing I dont have any trades open.

I will delete them and start again and see how that goes

Thanks again

JBear
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  #123 (permalink)  
Old 10-17-2008, 03:27 PM
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Quote:
Originally Posted by ChicagoRob View Post
Copy them into your presets folder. Then open your EA and "load" the
file. Easy as pie.

Rob
Hi Rob

I have done the above.

I then uninstalled the EA and the .sets then reinstalled them

I run back test and I still dont seem to be able to open any trades.

I have tried with the Micro set to both options and still no success

Does anyone have any ideas

Thanks again

JBear
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  #124 (permalink)  
Old 10-17-2008, 06:14 PM
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Quote:
Originally Posted by JBear View Post
Hi Rob

I have done the above.

I then uninstalled the EA and the .sets then reinstalled them

I run back test and I still dont seem to be able to open any trades.

I have tried with the Micro set to both options and still no success

Does anyone have any ideas

Thanks again

JBear
Have you tried a forward demo test? Try it with defaults, then with
the set file.

Rob
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  #125 (permalink)  
Old 10-17-2008, 06:29 PM
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Backtesting Blessing

All,

I attached three backtester reports from 5 minutes ago. I use the Blessing I adjusted (on a recent backpost) and I use the settings I ran several hundred times.

It's important to understand perspective on why I developed these set files. I do not want the totol number of trades out on any pair to be greater than .5 standard lots on a 5K account, 1 standard lot on a 10K account, 2 standard lots on a 20K account and so on. I do not test below 5K because, as I've stated before, you need at least 5K for this strategy to run.

Now, you can set the settings higher and it does backtest but you run the risk of margining out your account very fast. What you might want to note is that the profit factors are > 2, and very close to 3 which makes these settings good. Second, in two out of three pairs, the drawdowns are < 20%. The USDCAD is higher as you can see but within my tolerance (maybe not others).

I am running all three on an IBFX demo right now. All three made just $400 yesterday alone without risking a huge amount of Margin.

For those trying to backtest these settings; if you can't get it to backtest, it's your platform and not the set files. There are many threads on backtesting. Go there and make sure you've accomplished everything in order to backtest appropriately. If you go a few posts back, you'll find the updated Blessing that uses Money Management.

Finally, the only changes I made to these set files were an MA_Period adjustment, Money Management on, and lowering the Multiplier. I have tried adjusting the grid but it simple does not work. I have tried every other pair and these three are the ones that have made it through the market meltdowns recently.

If you are going to change anything, adjust the risk in the Money Management up or down by .1 increments. Also, adjust the multiplier by .05 up or down. Once you get these cooking how you like, try to adjust the MA_period up or down by increments of 5 (5-140 are what I tried). This EA backtests quick so you can optimize for your tastes quickly.

Have Fun!

v/r

Jeff
Attached Files
File Type: pdf EURCHF Test.pdf (24.1 KB, 266 views)
File Type: pdf USDCAD Test.pdf (23.2 KB, 199 views)
File Type: pdf USDJPY Test.pdf (26.2 KB, 296 views)
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  #126 (permalink)  
Old 10-17-2008, 08:40 PM
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Quote:
Originally Posted by georgecotton View Post
Have you tried adding a zero to some of the variables like Gridset1, TP_set1 etc.
Thanks George. It seems to be working now
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  #127 (permalink)  
Old 10-17-2008, 09:15 PM
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Hi Jeff

I have been back testing EA's for months now and I have not had this problem before.

I am guessing that when you say platform you are meaning Broker (Given that the Platform is MT4). My Broker is FXDD

There was an earlier version of Blessing that did work OK but I cant remember which one it was and anyhow it wasnt that successful.

I will look up the thread about back testing incase there is something there about .set files

Thanks again

JBear

Quote:
Originally Posted by lron View Post
All,

For those trying to backtest these settings; if you can't get it to backtest, it's your platform and not the set files. There are many threads on backtesting. Go there and make sure you've accomplished everything in order to backtest appropriately. If you go a few posts back, you'll find the updated Blessing that uses Money Management.

v/r

Jeff
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  #128 (permalink)  
Old 10-17-2008, 09:17 PM
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Hi Rob

Thanks I will try that next week

Regards

Jnr

Quote:
Originally Posted by ChicagoRob View Post
Have you tried a forward demo test? Try it with defaults, then with
the set file.

Rob
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  #129 (permalink)  
Old 10-18-2008, 12:14 AM
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Hi guys a variable I just found out about is the BElevel one, it defines the ammount of levels reached (basically trades open) before it just sets the tp to be a breakeven which can make all the difference if your a more conservative trader. Just something to work with
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  #130 (permalink)  
Old 10-18-2008, 10:38 AM
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Quote:
Originally Posted by JBear View Post
Hi Rob

Thanks I will try that next week

Regards

Jnr
Look at the bottom tabs of your MT4 -- in the Experts and Journan tab. This very often gives me an idea as to where the fault is. Hope it helps

GAC
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